R&D Investment Analysis of the Medtech Sector
Artificial Intelligence Integration and Medical Devices Miniaturization to Drive Transformational Growth
05-Sep-2024
Global
Technology Research
Before the COVID-19 pandemic, medical technology (medtech) registered significant investment in R&D. However, the investment trend declined post-pandemic but is gradually picking up momentum. Top medtech companies invest about 7% to 8% of their total revenues toward the R&D of novel products or to enhance existing products. The key sources for medtech R&D investments are corporate budgets, venture capital and private equity firms, government grants, public funding, and partnerships and collaborations.
This Frost & Sullivan research on medtech R&D investment covers growth drivers and restraints; analysis of M&A deals, including the top deals in 2022; regional analysis; analysis of external factors impacting medtech R&D investment; predictions for the next decade; and key growth opportunities for companies.
The study focuses on cardiology and neurology as two top therapy areas covering key technological trends involved with significant R&D investments, including recent ones, and major M&A activities.
Investments in cardiology are focused on advanced AI-based diagnostic tools, implant miniaturization, remote patient monitoring, and minimally invasive techniques for surgery.
Investments in neurology are focused on innovation in neuromodulation devices, implants, and wearable monitoring devices.
Key Questions Answered in the Analysis:
What are the key growth drivers and restraints for medtech R&D investment?
What are the key technological trends for medtech R&D investment for cardiology and neurology?
What are the key R&D investment activities in cardiology and neurology?
What are the key M&A activities in cardiology and neurology?
What does the analysis of the top 5 M&A deals in 2022 reveal?
What does the regional analysis for medtech R&D investment reveal?
What external factors impact medtech R&D investments?
What are the predictions for medtech R&D investment during the next decade?
What are the key growth opportunities for market participants?
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on R&D Investment in the Medtech Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Research Methodology
Scope of Analysis
Medtech R&D Investments and Key Goals
Sources of Medtech R&D Investment
R&D Spending by Top 4 Medical Devices Companies in 2023
Segmentation by Therapy Areas*
Growth Drivers
Growth Restraints
Major Technological Trends in R&D Investments for Medtech: Cardiology
Key R&D Investments in Medtech: Cardiology (2024)
Key R&D Investments in Medtech: Cardiology (2023)
Key M&A Activities in Medtech: Cardiology (2024)
Major Technological Trends in R&D Investments for Medtech: Neurology
Key R&D Investments in Medtech: Neurology (2024)
Key R&D Investments in Medtech: Neurology (2023)
Key M&A Activities in Medtech: Neurology
Value of M&A Deals in Medical Technology
Top 5 M&A Deals of 2022
Regional Analysis
Impact of External Factors on Medtech R&D Investments
Predictions for the Next Decade
Growth Opportunity 1: R&D Investment in Developing Countries
Growth Opportunity 1: R&D Investment in Developing Countries (continued)
Growth Opportunity 2: Minimally Invasive Products and AI Integration
Growth Opportunity 2: Minimally Invasive Products and AI Integration (continued)
Growth Opportunity 3: Continuous Patient Monitoring Solutions
Growth Opportunity 3: Continuous Patient Monitoring Solutions (continued)
Technology Readiness Levels (TRL): Explanation
Benefits and Impacts of Growth Opportunities
Next Steps
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Deliverable Type | Technology Research |
---|---|
Author | Ashish Anil Kaul |
Industries | Healthcare |
No Index | No |
Is Prebook | No |
Podcast | No |
WIP Number | DB07-01-00-00-00 |